Zerah Declines to Three-Year Low as Regulator Halts Drilling

July 9 (Bloomberg) -- Zerah Oil & Gas Explorations LP
dropped to the lowest level since 2009 after the Ramat-Gan,
Israel-based company said the regulator required it to halt
drilling at two sites in the 321/Zerah license.

The shares retreated 2.9 percent to 0.033 shekel, the
lowest level since March 2009, at the 4:30 p.m. close in Tel
Aviv.